Dana White’s net worth is derived from his ownership interest in the UFC. UFC Sale to WME: Prior to selling the company, Dana owned 9% of the UFC. Admin - September 22, 2020. Despite his brash public persona, White and his long-time wife Anne have kept a low profile since their marriage in 1996. After looking into the finances of Semaphore Entertainment Group, the parent company of the UFC, he found that they were going broke. As of 2020, Dana White’s net worth is estimated to be $500 million. I told them I believe 90 percent of America gets up in the morning and drives to a job they hate.
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As of 2020, Dana White’s net worth is roughly $500 million. My favorite free tool is Personal Capital.
At learning the news, White approached his childhood friend, Lorenzo Fertitta, about making an offer. Today, Dana White’s net worth is estimated to be $500 million. Accolades: White won the Nevada Sportsman of the Year award in 2009. Soon, White met with his former high school friend Lorenzo Fertitta and offered to buy a deal with UFC after learning that its parent company, Semaphore Entertainment Group, was not doing well. Under his presidency the UFC has grown and dominated the MMA world. Dana White, president and public face of the Ultimate Fighting Championship, is worth a ton of money. That is why we have created celebinsidr.com to help people get inside the life of their celebrity idols. He was brash and unapologetic in setting the gritty, but high-entertainment vibe that UFC fans clamored for. Mnuchin Says Sides Remain 'Far Apart' In US Stimulus Talks, Kraft Reacts To Backlash From Controversial ‘Send Noods’ Campaign, Russia Rushes Vector Labs COVID-19 Vaccine To Production. In January 2019, Dana and the UFC signed a five-year broadcasting deal with ESPN for $1.5 billion. And where would he be if he didn’t drop everything at a moment’s notice, in order to start over in Las Vegas? White donated $100,00 in 2011 to his former high school for renovations. What do you think? White ultimately wound up managing two up-and-coming fighters, Tito Ortiz and Chuck Liddell who would both ultimately become giants in the MMA industry. This just proved that the business of combat sports was a booming business with other promotional companies making an upstart in other parts of the world. It's money he earned the hard way. By 2012, White also made history by signing Ronda Rousey to a UFC fighting contract, making her the first-ever professional woman fighter to compete in the male-dominated UFC. They succeeded, and over the next 3 years, the company grew notably. sit near each other in the same Las Vegas neighborhood, making Dana’s large collection of homes even weirder. As Shark Tank investor Barbara Corcoran said, “People smarts are 10 times more valuable than book smarts. White was an ardent supporter of Donald Trump in his first presidential bid, even going so far as to speak at the 2016 Republican National Convention in Cleveland, Ohio. "If I'm not spending time with my family, then there is nothing I would want to do," White says. Luckily for White, he had grown up with Lorenzo Fertitta, a former high school classmate who had made a name for himself as an executive at hotel and casino company Station Casinos. The two met when they were in the eighth grade. Dana White, who owned 9% of the company, earned over $360 million dollars in the deal. Dana White is an American businessman and sports promoter who has a net worth of $500 million. They would not sell. This company, those fighters, this job, they're my hobby. The big time money is just icing on the cake. Welcome to another edition of the celebrity net worth series! Although the Fertitta brothers were able to keep the lights on using their casino revenue, one day Lorenzo called Dana. Dana White net worth, salary, sources of income. Dan Western is the founder of Wealthy Gorilla. Required fields are marked *. However, the UFC was still not profitable. White was slow to the draw on signing Rousey (for years, White had resisted the idea of women cage match fighters) but her engaging personality and high-tension bouts in the ring were a ratings bonanza, and White cashed in on Rousey's popularity with viewers. We have reached over 155 million views in the past 6 years, and amassed over 200,000 followers on social media. The Manchester, Connecticut native was able to leverage the success of UFC to launch Contender Series, which would only be available via UFC Fight Pass, the only digital streaming service of the company. It’s actually fun. ", Your email address will not be published. Three years into the ownership arrangement, Zuffa found itself $30 million in debt - but White and the Fertittas locked on to a game-changing new idea. This isn’t what I want.” And I walked out the front door…, One of my good friends asked me, ‘What are you doing? Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. In another chance encounter, Dana, Frank, and Lorenzo met some UFC fighters while out at a bar.
He belongs to an influential family with huge money reserves, but he made his fortune himself. He started biking everywhere. He was able to piggyback off his relationships, make deals happen, and eventually, sell Frank, Lorenzo, and the rest of the world the idea of the UFC. The Easy 401k Strategy to Kill Your Tax Bill and Retire a Multi-Millionaire. The UFC juggernaut bought multiple houses in Las Vegas.
Dana White: Wife. Dana White was born in Manchester, Connecticut on July 28, 1969.
Dana White has a net worth of $500 million in 2020. Through this work he heard that a buyer was needed for the UFC, and he contacted two of his friends who purchased it.
The family transitioned between Boston, Las Vegas, and Maine. The deal increased the value of the UFC to $7 billion, increasing Dana White’s net worth to half a billion dollars. Dana White Wiki Biography. Dana White, that can best be described as a business owner and also UF current head of state. He graduated from Hermon High School in Maine in 1987.
He says he bought it as a reminder of his humble beginnings. That's $360 million before taxes for Dana. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. His primary source of income is UFC and being a stakeholder of 9% in Zuffa is adding stars to his earnings.
We’ve been kick boxing and wrestling’s asses for the last year and a half. Magic Johnson is in the pipeline; I’ll have to look into Shaq as well. The pay-per-view fights have reached over a billion households and continues to hold a strong presence in Las Vegas. He's made a lucrative career as president of the UFC, with an estimated net worth of $500 million in 2019 along with a reported yearly salary of $20 million. One Datsun B210, his first car ever. Dana White is synonymous with the Ultimate Fighting Championship. Although several networks immediately rejected the idea, Dana was eventually able to convince Spike TV to agree. he is not all about cars though, he is a proud owner of Harley Davidson Custom Chopper that was gifted to him by Harley Davidson as they are the one of the sponsors of UFC. Stop and get another job, because you’re in the wrong place. Copyright © 2014-2020 Wealthy Gorilla Limited. Meaning: The Battle for the Future of Capitalism – and America, He bagged $360 million from the UFC sale in 2016, White and UFC staged a live event despite the COVID-19 pandemic. I'm the Money Wizard, a 20-something who started this blog after I saved $100,000 by age 25. I track my net worth and spending every month, and I share all the details (even when they're not pretty) here: Check out the legit tool I use to track my net worth and spending for free: Entering the fight business (and a run in with the mob…), Losing Everything, and Starting Over in Vegas, Less then a decade later, on July 9, 2016, Dana White and his partners, In January 2019, Dana and the UFC signed a five-year broadcasting deal with ESPN, In October 2016, he purchased a 7,700 square foot home for $1.8 million, In January 2017, he purchased a 5,500 square foot home for $2.4 million, And in March 2017, he purchased a 4,700 square foot home for $2 million. Submit a correction suggestion and help us fix it! Dana White is an avid collector of cars and commercial valuables.
He had previously sold the majority to the Fertitta brothers (billionaire casino magnates). The UFC President does not hold back in spending his hard-earned money. This company, those fighters, this job, they’re my hobby. Born and raised in Manchester by his mother, he always had a thing for boxing. UFC broke the pay-per-view industry’s all-time record for earning over $222,766,000 in revenue (2010). (While loving every moment of it. To sum up, his house and private investment properties are worth at least $70 million, including a private estate that he purchased in Nevada.
In fact, the burgeoning popularity of cage match fighting may never have materialized without the managerial and administrative capabilities of White. During the pandemic, it is almost impossible to hold a sporting event but UFC was able to get a license to hold its event without a live audience. Although he’d been boxing since he was 17, he didn’t fully jump into combat sports until age 19. The couple has two sons, Aidan and Dana III, and a daughter named Savannah. I find Dana White’s story a huge inspiration on that front.
After taxes, Dana's 9% cut from the sale was around $360 million. (6 feet under from the Irish Mob, most likely…). Dana and his sister Kelly were mostly raised by his mother and grandparents. What I love about Dana White’s story is how perfectly it shines a light on some common lessons. Although Lorenzo and his brother Frank were local casino owners by trade, Lorenzo had recently joined the Nevada State Athletic commission, the entity responsible for regulating boxing matches. To this day, Dana credits the event with saving the UFC. How to Earn $101,200 per year and pay ZERO taxes. I just found out the UFC is for sale. He was born on July 28th, 1969 in the state of Connecticut – Manchester. Why? He …
They soon appointed White as president. White was named Leading Man of the Year at the World MMA Awards every year from 2008–2019. Basing off sources like Celebrity Net Worth, Dana White’s net worth affirms to approximately $500 million in 2020. Peter put him on every job from boxing corner man, to referee, and even to fight manager. It was while managing fighters that White became embroiled in disputes with the UFC. He quickly grew the company from a small enterprise to a multibillion-dollar enterprise. In the years since buying the UFC, White and his team have taken the organization, which used to be seen as barbaric and illegal, and turned it into an international phenomenon. They placed White as president upon purchase. While growing up, White spent much of his time involved in sports, particularly boxing, and is a lifelong fan of the baseball team the Boston Red Sox. Learn how your comment data is processed. And it was that passion that propelled him through all the ups, downs, and endless work hours. In 2016, they sold the UFC for $4.025 billion dollars. ), Every weekend when you’re at home, and you’re dreading Monday… Stop. After the sale, Dana remained as President of the UFC. It’s my everything.” – Dana White, “We’ve been at the tipping point for awhile now. Dana White: Net Worth and Salary. He won Promoter of the Year nine years in a row at the Wrestling Observer Newsletter Awards. 424 2 minutes read. This is a great story! His mixed martial arts organization known as UFC is worth $7 billion alone, becoming the first MMA organization in the world to achieve that target.
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